Forum Discussion
JimNH
Jul 14, 2015Explorer
I was talking to my wife yesterday about this sort of thing...for what my daughter was paying in rent for student housing, we could get her a $6000 trailer and a $3500 seasonal/annual campsite on a lake (or about $2600/year in other places, we haven't really shopped around as this was all just speculation) - $20,000 for four years vs. $800/mo in rent - or $38,400 in rent over four years (and you don't get any equity out of that either!)...so the "asset" of the trailer could be completely depreciated over four years, and you'd still be almost 50% ahead...assuming that utility costs were the same for both. If you aren't worried about freezing to death, I'd definitely look into it!
JIM in NH
JIM in NH
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